Artificial Intelligence and Actuarial Science: Applications and Case Studies from Finance and Insurance (1)

By: Sonal Trivedi and Nallakaruppan M. K and Balamurugan Balusamy and Nithya Rekha Sivakumar

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Synopsis: This book aims to explore how to automate, innovate, design, and deploy emerging technologies in actuarial work transformations for the insurance and finance sector. It examines the role of artificial intelligence with process automation in daily monitoring of solvency, governance, compliance, data processes, etc. It also explores the usage of machine learning, telematics system, AI-enabled claim processing software, Big Data and Algorithms, Explainable AI, and AI-enabled risk management tools in various actuarial processes.This book:• Presents case studies and best practices with real-world examples of successful and unsuccessful actuarial work transformation initiatives and transformation with emerging technologies• Offers deployment solutions for different applications of AI in actuarial work• Discusses how organizations can effectively incorporate AI into their current practices of actuarial work• Covers diverse emerging technologies, practices, and processes of actuaries from around the globe• Elaborates upon a framework for comprehending how big data and AI developments may affect insurance offers and their supervision• Explains how insurance companies may review and modify their current Risk Management Framework (RMF) to take into account some of the significant differences while implementing AI use casesThis reference book is for scholars, researchers and professionals interested in Artificial Intelligence and Actuarial Science.

Book Quality:: Publisher Quality
Book Size:: 238 Pages
ISBN-13:: 9781040270479
Related ISBNs:: 9781003472551, 9781032751337, 9781040270424
Publisher:: CRC Press
Date of Addition:: 12/27/24
Copyrighted By:: selection and editorial matter, Sonal Trivedi, Nallakaruppan M.K, Balamurugan Balusamy, Nithya Rekha Sivakumar
Adult content:: No
Language:: English
Has Image Descriptions:: No
Categories:: Nonfiction, Computers and Internet, Business and Finance, Medicine
Submitted By:: Bookshare Staff
Usage Restrictions:: This is a copyrighted book.
Edited by:: null Sonal Trivedi
Edited by:: null M. K. Nallakaruppan
Edited by:: null Balamurugan Balusamy
Edited by:: null Nithya Rekha Sivakumar